Institutional Investment & Trading

Floating Point Group collects $2m for its seed round

Floating Point Group (FPG), which designs algorithmic systems for cryptocurrency trading, has collected $2m in its seed round.

Spark Systems said to raise $10.5m in new funding round

Singapore-based Spark Systems, an institutional forex trading platform, has allegedly raised $10.5m in its “Series BB” round.

Users complain that Robinhood is down again

Share trading app Robinhood suffered a massive backlash in March when it suffered two major service outages just as COVID-19 was wreaking havoc on the markets. Now some users complain that it has happened again.

Catch up on the 35 big FinTech funding rounds from the last week

Amidst the coronavirus crisis, many FinTech companies have still been able to raise big rounds. Here are 35 of the successful investment stories that...

Vennfi bags $1.1m in new funding round

Vennfi, a solution supporting tax-exempt payments, has bagged $1.1m in its funding round to help it build new capabilities.

The coronavirus represents a “return to chaos” that could benefit FinTech companies

COVID-19 has plunged financial markets into chaos, but the pandemic also represents both challenges and opportunities for FinTech companies as they adjust to a whole new reality.

Vise scores $14.5m in its Series A round to boost product development

Vise, an AI-backed investment management platform, has scored $14.5m in its Series A round which was led by Sequoia Capital.

Robinhood raises $280m Series F round on the back of a tumultuous year

Stock trading app Robinhood has secured $280m in new funding after a year mired by service outages, software bugs and cancelled banking plans.

24 FinTech funding rounds from the last week you should know about

From Stash’s $113m round to Okra collecting $1m in new investment, the last week has seen a smattering of FinTech companies raise money.

TransFICC secures £5.75m in its Series A

TransFICC, which builds e-trading technology, has secured £5.75m in its Series A round which was led by AlbionVC.

News Stories

Experian and Paylink unveil debt consolidation solution to boost financial accessibility

Experian and Paylink unveil debt consolidation solution to boost financial accessibility

Experian, a global leader in consumer and business credit reporting and marketing services, partners with Paylink, a forefront provider of affordability software and payments solutions.
Mitigram and Fides join forces to revolutionise global trade finance

Mitigram and Fides join forces to revolutionise global trade finance

Mitigram, a global leader in digital trade finance, has announced a strategic partnership with Fides, the industry-leading provider of multibank connectivity solutions.
Approveit secures $1m in funding to enhance its payment automation software

Approveit secures $1m in funding to enhance its payment automation software

Approveit, an operations and automation platform for businesses, has successfully raised $1m.
Validus partners with HSBC for $50m facility to boost SME lending in Indonesia

Validus partners with HSBC for $50m facility to boost SME lending in Indonesia

Validus, headquartered in Singapore, has announced a new partnership with HSBC, establishing a $50m debt facility aimed at bolstering financial inclusion for micro, small, and medium enterprises (MSMEs) in Indonesia.
BillEase secures Series C funding led by TPG's The Rise Fund to enhance Filipino financial inclusion

BillEase secures Series C funding led by TPG’s The Rise Fund to enhance Filipino...

BillEase, a digital consumer finance platform in the Philippines, has announced a significant milestone in its growth trajectory.

120,000+ FinTech leaders get exclusive industry stories delivered every week

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution